Granada Gold Mine Inc. (CVE:GGM – Get Free Report)’s share price hit a new 52-week low on Wednesday. The company traded as low as C$0.03 and last traded at C$0.03, with a volume of 20,269 shares changing hands. The stock had previously closed at C$0.03.
Granada Gold Mine Stock Performance
The firm’s 50-day moving average is C$0.04 and its two-hundred day moving average is C$0.05. The stock has a market cap of C$6.82 million, a P/E ratio of -2.50 and a beta of 2.54.
About Granada Gold Mine
Granada Gold Mine Inc, a junior mining and exploration company, acquires, explores for, and develops mineral properties in Canada. It explores for gold deposits. The company holds a 100% interest in the Granada gold property, which owns 14.73 square kilometers of land in a combination of mining leases and claims located in Rouyn-Noranda, Quebec. The company was formerly known as Gold Bullion Development Corp. and changed its name to Granada Gold Mine Inc in January 2017. The company was incorporated in 1985 and is headquartered in Coquitlam, Canada.
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